It estimated that this year sales are not optimistic about the full year, high-end merchandise sales dismal, but the mid-range products sold relatively well. To optimize the structure of the industry at this time, to consolidate the existing business infrastructure, strengthening the mid-range tourists layout, I believe will get better next year, as well as a new round of growth.
Tourists are the main consumer retail Macau. There are retailers analysis, Europe, Japan and currency exchange rate falls, so many mainland tourists to Europe, the Japanese consumer, coupled with consumer willingness of mainland tourists are coming down, so should not be limited to the local Macau retail market, it should be extended to regional competition.
In the context of gaming revenues continued to fall, the decline in retail Macau Macau’s how sustainable economic development a reality problem. Macau Government Tourist Bureau recently said Wen Yee Wah, Macao is studying Trades From “along the way”, the promotion of “Maritime Silk Road” tourism theme, will visit along the “Silk Road economic belt” countries and regions, and the exchanges and cooperation. Tourism will vigorously develop the Southeast Asian market, combined with Guangdong, Hong Kong, Southeast Asia and other places together to promote “multi-destination” travel. The mainland market still has potential, we will change the situation in the past mainly in Guangdong tourists, and attract mainland tourists to other provinces, so that more tourists yuan.
There Macao media pointed out that Macau to get used to the new normal, so-called “normal” refers to the transition from a period of rapid growth in high-speed steady growth of the so-called “new” economy is turning from a Multi gaming single economic development, structural optimization balance.